Shareholders for FuboTV Inc. (formerly the FaceBank Group) have approved a plan for The Walt Disney Company to acquire the sports-centric Fubo live streaming service to merge with its Hulu + Live TV business. The combined entity would be second in size only to YouTube TV among OTT TV providers and will operate under the Fubo name, with the Fubo team running the company and Disney owning a roughly 70 percent stake. Earlier this year, Fubo executives told investors that together Hulu and Fubo are expected to generate more than $6 billion in annual revenue. Continue reading Fubo Shareholder Approval Propels Merger with Hulu + Live TV

FOX One is the brand name of the aggregated portfolio of FOX’s direct-to-consumer streaming products, due to launch this fall as a subscription service ahead of the NFL and college football seasons. The package bundles FOX sports, news and entertainment content including cable and local stations and the FOX broadcast network. Fox Corporation CEO Lachlan Murdoch floated the news during Monday’s earnings call, also reporting that revenue was up 27 percent year-over-year to $4.37 billion. A launch date and pricing for FOX One will be shared at a later date. Continue reading All-In FOX One Streaming Platform to Launch Later This Year

Venu Sports (pronounced “venue”) has been selected as the name of the new streaming joint venture launching this fall from Disney/ESPN, Fox Corporation and Warner Bros. Discovery. Although pricing has yet to be announced (some estimate it will run $40-$50 per month), the partners are underway in branding their bundled package, unveiled in February as an effort to reach sports fans who don’t already subscribe to pay TV. In March the group announced the new venture’s CEO would be Pete Distad, who spent six years at Hulu followed by a decade at Apple in positions including running global distribution and business ops for Apple TV+. Continue reading Venu Sports Is Name of New Streamer from ESPN, FOX, WBD